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Fletcher Building

Manufactures building products and develops housing

Head of Finance - Manufacturing & Supply Chain

Full-TimePosted on 10/16/2026
No salary listed
Expert
Auckland, New Zealand
In Person
Finance & BankingCorporate Finance & FP&A

About the job

Requirements
  • CAANZ membership or an equivalent professional qualification such as CPA or ACCA.
  • At least seven years of experience in finance roles, including manufacturing finance experience, ideally alongside exposure to supply chain, logistics, transport, or distribution.
  • Proven experience leading and developing finance teams.
  • A strong grasp of operational and cost accounting, including product costing, cost-to-serve, and plant and fleet economics.
  • Hands-on budgeting, forecasting, and financial modelling skills, with the ability to build forecasts from the detail up.
  • A track record of driving efficiency, cost improvement, and better ways of working.
  • Sound understanding of financial controls and transactional processes, including billing and invoicing.
  • Experience with financial systems and reporting tools such as TM1, SAP, and Power BI.
  • The confidence and maturity to influence stakeholders and respectfully challenge thinking.
  • The ability to build genuine relationships across all layers of the business, from the plant floor to the boardroom.
  • Legal right to work in New Zealand indefinitely.
  • Pre-employment checks including references, medical, drug test, and criminal background check are required.
Responsibilities
  • Own budgets and forecasts for Manufacturing and Supply Chain, building them with operational leaders and maintaining them through rolling forecasts and the TM1 forecasting system.
  • Challenge efficiency, productivity, and costs across plant utilisation, labour, materials, freight, and fleet, and provide practical solutions.
  • Provide strategic planning support to the GM Manufacturing & Supply Chain, including capacity and network planning, scenario modelling, capital investment decisions, and business cases.
  • Turn operational and financial data into actionable insight, with reporting focused on key measures.
  • Support the CFO with Executive and Board reporting on manufacturing and supply chain performance.
  • Ensure the accounts team completes invoicing accurately and on time, with appropriate processes and controls.
  • Lead, coach, and develop the finance team, including the accounts team and finance support for delivery services.
  • Build trusted working relationships with plant and transport managers and the senior leadership team.
Desired Qualifications
  • Experience with Claude or similar AI tools.

About the company

Fletcher Building makes and distributes building products in Australia, New Zealand, and the South Pacific, and also develops housing and delivers infrastructure projects in New Zealand. It operates six divisions—Building Products, Distribution, Concrete, Residential and Development, Construction, and Australia—spanning manufacturing, distribution, and construction. Its products include insulation and cement, and it runs retail channels that supply tradespeople. Its goal is to support communities by providing reliable building materials, delivering housing and major projects, and maintaining efficiency, safety, and environmental performance.

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Auckland, New Zealand

Founded

1909

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Simplify's Take

What believers are saying

  • FY26 net earnings reached $228 million, reversing FY25's $419 million loss.
  • Operating cash flow hit $715 million, funding deleveraging and portfolio simplification.
  • Allan Gray lifted its stake near 20%, showing institutional conviction after the turnaround.

What critics are saying

  • SkyCity's June 2025 NZICC lawsuit still hangs over Fletcher's legacy liabilities and insurance recoveries.
  • Fletcher still expects $55 million-$65 million of construction-related provisions, excluding NZICC exposure.
  • New Zealand and Australia construction demand remains weak, delaying any broad volume recovery until 2027.

What makes Fletcher Building unique

  • Fletcher Building now focuses on manufacturing and distribution after selling Construction to VINCI in May 2026.
  • Its FY26 balance sheet improved, with net debt falling to $637 million from $999 million.
  • Scale across New Zealand building products gives it entrenched customer reach and procurement leverage.

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Benefits

  • Parental Leave
  • Flexible Work Hours
  • Gym Membership
  • Employee Discounts
  • Tuition Reimbursement

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

-2%

2 year growth

0%
Bitget
Apr 6th, 2026
Allan Gray boosts Fletcher Building stake to 20% amid industry downturn and $129M annual loss

Allan Gray has increased its stake in Fletcher Building to nearly 20%, signalling confidence despite significant industry challenges. The investment firm, known for its long-term approach, accumulated shares whilst the stock dropped over 20% from $2.96 to $2.36 between early March and April. Fletcher Building reported a $129 million annual loss whilst maintaining a 5.1% EBIT margin. Management cancelled the interim dividend to prioritise balance sheet strength and sold its Construction division as part of a portfolio simplification strategy. New Zealand and Australia's construction sector faces sustained weak demand, with meaningful recovery not expected until 2027. Fletcher CEO Andrew Reding has emphasised cost control and disciplined capital allocation. Notably, company executives have not purchased shares themselves, contrasting with Allan Gray's aggressive accumulation during the sector downturn.

NZ Herald
Jan 19th, 2026
Fletcher Building sells construction arm to Vinci for $315M

Fletcher Building has agreed to sell its construction division to French infrastructure group Vinci Construction for $315.6 million, with the final price potentially reaching $334.1 million depending on contract outcomes. The sale includes Higgins, Brian Perry Civil and Major Projects units. An additional $18.5 million in payments could be made based on several key contracts currently under negotiation. Fletcher Building expects to take provisions of $55 million to $65 million for legacy construction claims that remain with the group, excluding potential NZICC litigation. Chief executive Andrew Reding said the sale reflects the company's strategy to refocus on core manufacturing and distribution operations. The deal is subject to various conditions and adjustments.

The Motley Fool Australia
Dec 4th, 2025
Fletcher Building repays US debt, extends facilities to FY28 amid $7.2M restructuring cost

Fletcher Building has prepaid all outstanding US Private Placement notes and secured new debt facilities to simplify its funding structure. The company terminated associated cross-currency swaps on 10 November, incurring $7.2 million in cash costs. The New Zealand-based building materials company established a new two-year $200 million club facility in September and extended its $325 million Syndicated Facility Agreement Tranche C by four years. The moves defer major debt maturity until FY28. Dividend restrictions remain in place until the company meets standard covenant requirements. CEO Andrew Reding said the changes provide greater flexibility and lower ongoing capital costs whilst supporting the company's strategic reset. Fletcher Building shares have risen 18% over the past 12 months, outperforming the S&P/ASX 200 Index's 2% gain.